NOT LISTED FOR SALE

2228 S 292nd St Federal Way, WA 98003

Laurelwood Neighborhood

Estimated Value: $497,000 - $519,000

3 Beds
1 Bath
1,100 Sq Ft
$459/Sq Ft Est. Value

Last Sold March 09, 2021

Last sale price $415,000 $377 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,197/month

5 Days on Market

Highlights

  • RV Access or Parking
  • 1 Fireplace
  • Patio
  • Deck
  • Attached Garage
  • 2-minute walk to Laurelwood Park

About This Home

As of March 2021

Super clean, move in ready 3Bed/1Bath Rambler located close to I-5, Hwy 167 & Hwy 99. Convenient to all types of shopping. NO HOA FEES! Kitchen features an abundance of clean classic oak cabinets. All appliances included! New: Carpet & Pad, Paint, and Vinyl Plank Flooring. Note-worthy features include:updated bathroom, vinyl windows, private & fenced backyard, huge deck, pond, RV parking, large shed, new roof in(2013), heating system replaced in(2015), pride of ownership shines, interior & exterior is well maintained.

Last Agent to Sell the Property

Lori Ann Jackson

Coldwell Banker Bain License #98148 Listed on: 01/15/2021

Coldwell Banker Bain

Last Buyer's Agent

Brent Spencer

Berkshire Hathaway HS NW

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1713425

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,495

Year Built

  • Built in 1968

Lot Details

  • Open Space
  • Property is Fully Fenced
  • Sloped Lot
  • Garden
  • Property is zoned RS7.2

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 1 Fireplace

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Vinyl

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • RV Access or Parking

Outdoor Features

  • Deck
  • Patio
  • Outbuilding

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Laurelwood Community

Listing and Financial Details

  • Assessor Parcel Number 4222900040

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,495

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Building Information: Built On Lot
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Dbl Pane/Storm Windw
  • Floor Covering: Laminate, Vinyl
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 3
  • Bathrooms: 1.00
  • Bathrooms Main: Main
  • Total Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Family Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1100
  • Square Footage Finished: 1100

Exterior Features

  • Exterior: Wood Products
  • Foundation: Poured Concrete
  • Roof: Composition

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 1

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: PSE
  • Sewer: Sewer Connected
  • Sewer Company: Lakehaven
  • Water Company: Lakehaven
  • Water Heater: Garage-Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Laurelwood

Schools

  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify
  • School District: FED

Lot Info

  • Lot Details: Curbs, Open Space, Paved Street
  • Lot Sq Ft: 7225
  • Lot Topography Vegetation: Garden Space, Partial Slope
  • Parcel Number: 4222900040
  • Zoning Code: RS7.2
  • Zoning Jurisdiction: City
  • Lot Topography: Garden Space, Partial Slope

Tax Info

  • Tax Amount: 3424

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2021
Closed on
Mar 1, 2021
Sold by
Stephenson Joseph W and Stephenson Lottie J
Bought by
Pecelj Mindy and Tadlock Nicholas
Seller's Agent
Lori Ann Jackson
Coldwell Banker Bain
Buyer's Agent
Brent Spencer
Berkshire Hathaway HS NW
List Price
$400,000
Sold Price
$415,000
Premium/Discount to List
$15,000
3.75%
Total Days on Market
5
Current Estimated Value
$504,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,661
Avg. Annual Appreciation
4.19%
Original Mortgage
$422,262
Outstanding Balance
$386,190
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$108,173

Purchase Details

Closed on
Aug 22, 2007
Sold by
Turley James K and Turley Sara
Bought by
Stephenson Joseph W and Stephenson Lottie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,750
Interest Rate
6.74%

Purchase Details

Closed on
Oct 2, 1989
Sold by
Turley Michelle Y
Bought by
Turley James K
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Pecelj Mindy $415,000 Rainier Title
Stephenson Joseph W $262,750 First American
Turley James K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pecelj Mindy $422,262
Previous Owner Stephenson Joseph W $231,000
Previous Owner Stephenson Joseph W $262,750
Previous Owner Turley James K $157,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2021 03/09/21 Sold $415,000 +3.8% $377 / Sq Ft
01/20/2021 01/20/21 Pending -- -- --
01/15/2021 01/15/21 For Sale $400,000 -- $364 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,495 $445,000 $151,000 $294,000
2023 $4,629 $405,000 $138,000 $267,000
2022 $3,968 $467,000 $147,000 $320,000
2021 $3,620 $346,000 $134,000 $212,000
2020 $3,424 $296,000 $116,000 $180,000
2018 $3,478 $269,000 $94,000 $175,000
2017 $3,208 $242,000 $94,000 $148,000
2016 $3,156 $223,000 $90,000 $133,000
2015 $2,725 $210,000 $91,000 $119,000
2014 -- $185,000 $85,000 $100,000
2013 -- $156,000 $85,000 $71,000
Source: Public Records

Agents Affiliated with this Home

  • Lori Ann Jackson

    Seller's Agent in 2021

    Lori Ann Jackson

    Coldwell Banker Bain

    (425) 757-6715

    1 in this area

    51 Total Sales

    Lori Ann Jackson
    Section Image

  • B

    Buyer's Agent in 2021

    Brent Spencer

    Berkshire Hathaway HS NW

    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1713425

Northwest Multiple Listing Service (NWMLS)

APN: 422290-0040

Washington King County Federal Way 98003 Laurelwood

2228 S 292nd St, Federal Way, WA

This home is located at 2228 S 292nd St, Federal Way, WA 98003 since 15 January 2021 and is currently estimated at $504,661, approximately $458 per square foot. This property was built in 1968. 2228 S 292nd St is a home located in King County with nearby schools including Wildwood Elementary School, Sacajawea Middle School, and Federal Way High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. ©2025 NWMLS.

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